§232.501-1. Customary progress payment rates.
48 C.F.R. § 232.501-1
The customary progress payment rates for DoD contracts, including contracts that contain foreign military sales (FMS) requirements, are 80 percent for large business concerns and 90 percent for small business concerns.
Notes, amendments, and revision history
Amendments
[79 FR 61582, Oct. 14, 2014]
Authority
Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.
Source
Source: 56 FR 36409, July 31, 1991, unless otherwise noted.
Amendments
[79 FR 61582, Oct. 14, 2014]